CLN Energy Ltd — Board Meeting, 24-04-2025: Board Meeting
24-04-2025 | 07:17 pm
24-04-2025 | 07:17 pm
CLN Energy Limited's Board has approved raising funds by issuing up to 3,60,000 equity shares to a promoter entity at a minimum price of ₹281 each, pending shareholder approval. Additionally, M/s. SARK and Associates LLP has been appointed as Secretarial Auditor, while M/s. P M R Y & Co. will serve as Internal Auditor for the financial years 2024-2025 and 2025-2026. A Postal Ballot will be sought for the equity issuance. This funding initiative may enhance financial resources and could positively influence investor sentiment, positioning the company for growth amid ongoing governance enhancements.
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